1. Rs.6000 was stolen from the safe of the firm. 2. Received an order from Kapil...

 

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1. Rs.6000 was stolen from the safe of the firm. 2. Received an order from Kapil for the supply of goods worth Rs. 240000. In this connection we received Rs. 120000 as Advance. 3. Goods sold for cash Rs. 60000. Also received 7 % sales tax. 4. Given as Charity: Cash Rs. 6000, Goods Rs. 18000 & Sofa-set worth Rs. 24000. 5. Goods worth Rs. 4200 stolen by an employee. 6. Purchase two House worth Rs. 110000 for the business. 7. Goods given to proprietor daughter Rs. 1800. 8. Goods worth Rs. 6000 Destroyed by fire. 9. Goods worth Rs. 12000 distributed as sample. 10. Bricks worth Rs. 600000 purchased for the construction of building. 11. Received cash from Rita against bad debt Rs. 22000 written off last year, Rs. 19800 1. Rs.6000 was stolen from the safe of the firm. 2. Received an order from Kapil for the supply of goods worth Rs. 240000. In this connection we received Rs. 120000 as Advance. 3. Goods sold for cash Rs. 60000. Also received 7 % sales tax. 4. Given as Charity: Cash Rs. 6000, Goods Rs. 18000 & Sofa-set worth Rs. 24000. 5. Goods worth Rs. 4200 stolen by an employee. 6. Purchase two House worth Rs. 110000 for the business. 7. Goods given to proprietor daughter Rs. 1800. 8. Goods worth Rs. 6000 Destroyed by fire. 9. Goods worth Rs. 12000 distributed as sample. 10. Bricks worth Rs. 600000 purchased for the construction of building. 11. Received cash from Rita against bad debt Rs. 22000 written off last year, Rs. 19800

Answer rating: 100% (QA)

Date Journal entries Particulars 1 Loss by theft to purchas ac goods st... View the full answer